Naira Redesign: Elections Will Hold – Presidency 

The Presidency said the forthcoming 2023 general elections will hold, regardless of the controversies surrounding the naira swap policy of the Central Bank of Nigeria, CBN. President Buhari’s spokesperson, Garba Shehu stated this in a statement made available to newsmen on Friday. Shehu said there are no plans by President Buhari to extend his government […]

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Central Bank of Confusion: CBN’s Conflicting Orders On N1000, N500 Notes Cause Maximum Confusion In Nigeria

The Central Bank of Nigeria on Friday threw depositors into confusion as it gave conflicting orders on the deposit of old N1,000 and N500 notes. The conflicting orders emanated from media reports based on anonymous briefings by senior officials of the bank, a memo that the bank reportedly gave to commercial banks, and an official […]

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My Husband Not That Rich, I Just Begged Shettima’s Wife For N2 Million – Remi Tinubu

Senator Oluremi Tinubu, the wife of the All Progressives Congress (APC) presidential candidate, Bola Tinubu, has said she begged the wife of her husband’s running mate, Hajia Nana Shettima, for N2 million on Wednesday. Oluremi revealed this to tackle the belief of many who thought the former Lagos governor and his family was rich and […]

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Buhari Jets Out Of Nigeria Amid Naira And Fuel Scarcity

President Buhari on Thursday departed Abuja for Addis Ababa, Ethiopia, to participate in the 36th Ordinary Session of the Assembly of the African Union (AU). The President will participate in three High Level meetings on peace and security, climate change and the political situation in some West African countries. The Nigerian leader will deliver remarks […]

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Pastor Dies Attempting to Recreate Jesus’ 40-Day Fast

A Mozambican pastor, Francisco Barajah, has died after fasting for 40 days, in an attempt to copy Jesus Christ who is recorded in the Bible to have fasted for 40 days. Barajah was the founder of the Santa Trindade Evangelical Church in the central province of Manica. He reportedly died on Wednesday while being treated […]

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Nigeria In Distress: Pregnant Woman Dies In Hospital Over Payment Alerts Delay

A pregnant woman in Kano, Shema’u Sani Labaran, has allegedly died in the Abdullahi Wase Specialist Hospital over alleged negligence from doctors as a result of the new naira policy crisis. The late woman’s husband, Malam Bello Fancy, said her death was as a result of delay in transfer made to the bank and that […]

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Naira Redesign Plot To Scuttle Elections, Install Interim Government – El-Rufai

The Kaduna State Governor, Nasir El-Rufai, on Thursday described the current scarcity of naira notes as part of an alleged plot to disrupt the forthcoming general elections to ensure an interim government takes over. The governor made the allegation in a state broadcast. He alleged that the development was meant to ensure that the presidential […]

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10 Days To Go: No Cash Yet For Elections – INEC

Ten days to the February 25 presidential and National Assembly election, cash for the mobilisation of ad-hoc staff for the polls is yet to be made available to the Independent National Electoral Commission (INEC), Daily Trust reports yesterday.  Nigerians have been battling with the scarcity of naira notes following the redesign of N200, N500 and […]

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President Buhari To Address Nigerians 7am Today

President Buhari will make a national broadcast to Nigerians on Thursday (today) at 7am. This was made known in a press release late Wednesday by the Special Adviser to the President on Media & Publicity, Femi Adesina. The statement said, “Television, radio stations and other electronic media outlets are enjoined to hook up to the […]

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Nigeria Boils Over Naira Scarcity

Nigerians are currently on the streets protesting the inability to get cash from banks and automated teller machines (ATMs). From Kwara to Oyo, Edo, Ondo, Delta, aggrieved citizens have been venting their anger over rejection of old naira notes and inability to access new naira. In Edo, at least four persons were killed during protests […]

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Old Naira Notes Remain Legal Tender, Supreme Court Insists

The Supreme Court on Wednesday said its February 8 order barring the Federal Government and its agencies from enforcing the February 10 deadline for the use of old N200, N500 and N1,000 notes still stands. This clarification became necessary following a complaint by the Counsel to Kaduna, Kogi and Zamfara states, Mr Abdulhakeem Mustapha, that […]

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Nigerian Pastor Bags Two Life Sentences For Impregnating Two Sisters

An Ikeja sexual offences and domestic violence court on Tuesday sentenced a 51-year-old cleric, Nduka Anyanwu, to life imprisonment for defiling and impregnating two sisters. Justice Abiola Soladoye convicted the Lagos-based pastor of impregnating a 13-year-old and a 17-year-old, both of whom have been delivered of babies. Soladoye held that evidence of prosecution witnesses were […]

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How To Report POS Operators Charging Above N200 – CBN

The Central Bank of Nigeria has released emergency telephone numbers where Nigerians could report Point of Sales agents selling new naira notes or charging above N200 for withdrawal of amounts up to N10,000. The Director, CBN Governor’s Department, Mr Joseph Omayuku, made this known during a briefing with journalists in Yenagoa, Bayelsa State capital on […]

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Seven Countries Where Valentine’s Day Is Not Celebrated

Valentine’s Day, also called Saint Valentine’s Day or the Feast of Saint Valentine, is celebrated annually on February 14. It originated as a Christian feast day honouring a martyr named Valentine. Through later folk traditions, it has become a significant cultural and commercial celebration of romance and love in many regions of the world. The eighth-century Gelasian Sacramentary recorded the celebration of the Feast of Saint […]

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“Banana Republic” : Falana Knocks CBN For Disobeying Supreme Court Order On New Naira Notes

Rights activist and Senior Advocate of Nigeria, Femi Falana, has lambasted the Central Bank of Nigeria for allegedly flouting the interim injunction of the Supreme Court suspending the implementation of the February 10 deadline on the use of the old banknotes. CBN had moved the deadline earlier set for the expiration of the legal tender […]

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Old Naira Notes No More Legal Tender – CBN

The Central Bank of Nigeria (CBN) has declared that the old N200, N500 and N1000 have ceased being legal tender since February 10, 2023. CBN had originally fixed January 31 as deadline for old notes to be in circulation but extended it in response to pressure from Nigerians. However, before the February 10 deadline, Kogi, […]

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Court Remands Nollywood Actress In Kirikiri For Spraying Naira Notes

Justice Chukwujekwu Aneke of the Federal High Court sitting in Ikoyi, Lagos has sent an actress, Oluwadarasimi Omoseyin, 31, to the Kirikiri Correctional Centre pending the determination of her bail application, for spraying naira notes at a public event. The actress was apprehended by operatives of the Independent Corrupt Practices and Other Fraud Related Offences […]

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Fani-Kayode Released On Bail, Asked To Report On Wednesday

Former Aviation Minister, Femi Fani-Kayode, has been released by the Department of State Services (DSS). The secret service also asked Fani-Kayode to report back to its facility on Wednesday. Earlier on Monday, the secret service invited the Director of Special Projects and New Media of the All Progressives Congress (APC) for questioning and grilled him […]

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